Is Sheridan, MI a good place to invest in rental property?

Sheridan, MI has a median modeled monthly cash flow of $-1,152 and a median cap rate of 2.1%, on a median sold price of $200,000. Prices changed +5.4% year over year.

What is the average cap rate in Sheridan, MI?

The median cap rate across recently sold homes in Sheridan, MI is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sheridan, MI?

The median sold price in Sheridan, MI is $200,000 (about $156 per square foot).

Investing in Sheridan, MI Real Estate

A data-driven snapshot of the Sheridan, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$200,000Median sold price

$156Median $/sqft

2.1%Median cap rate

$-1,152Modeled cash flow / mo

+5.4%Appreciation YoY

7.2Months of supply

31Active listings

52Sold (last 12 mo)

What the Sheridan numbers say

In Sheridan, MI, the median home sold for $200,000 (about $156 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,152 of monthly cash flow. Sold prices moved +5.4% over the past year. Inventory sits at about 7.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Sheridan cash-flowing listings

CashFlowRE ranks every for-sale home in Sheridan, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Sheridan deals, or browse the national market data.